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only need to answer question2 so monthly interest is suitable. Write at least a 100-word report on this investigation, including the 4 different alternatives- and

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so monthly interest is suitable. Write at least a 100-word report on this investigation, including the 4 different alternatives- and justify which alternative should Mr. and Mrs. Chan choose. Question 2 I Another way of managing money is through a savings account. There are different types of savings account that you can consider for depositing your money. Each type will have different variables, such as access to your money, monthly fees, interest rates and others. Suppose Janice plans to start a beauty salon business in the suburb of Eastwood. She wants to open a savings account and wishes to deposit $3 500 a month for the next three years. D) Explore the website and gathered information from the 3 banks to help you decide opening a savings account. Compare the basic features, for example, interest rates, bonus interest rates, maintenance fees, minimum deposits, etc of the savings accounts offered by these Australian banks. L ii) Using formulae and calculations, determine the amount you have in your account after three years, including interest. Commonwealth: ANZ: Westpac: so monthly interest is suitable. Write at least a 100-word report on this investigation, including the 4 different alternatives- and justify which alternative should Mr. and Mrs. Chan choose. Question 2 I Another way of managing money is through a savings account. There are different types of savings account that you can consider for depositing your money. Each type will have different variables, such as access to your money, monthly fees, interest rates and others. Suppose Janice plans to start a beauty salon business in the suburb of Eastwood. She wants to open a savings account and wishes to deposit $3 500 a month for the next three years. D) Explore the website and gathered information from the 3 banks to help you decide opening a savings account. Compare the basic features, for example, interest rates, bonus interest rates, maintenance fees, minimum deposits, etc of the savings accounts offered by these Australian banks. L ii) Using formulae and calculations, determine the amount you have in your account after three years, including interest. Commonwealth: ANZ: Westpac

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